Well maintained 4 unit apartment building with attached parking garage. Very desirable townhouse style apartments with separate basements, and all separate utilities including water meters. Each unit is very spacious with two bedrooms and one and a half baths. Roof is approx 3-4 years old. Owner is retiring. The building is section 8 approved at $650.00. Currently there is only one unit occupied. The other 3 units are rent ready.. Gross potential income is $32,100, operating expenses are $11,584 with a net income of $19,616+ when fully occupied with a cap rate of 13%. A real MONEY MAKER! Net income could be higher because water is metered separately but this owner includes it with rent.
Off market
$380,300
1790 Cromwell Dr, Akron, OH 44313
8beds
7,500sqft
Four
Built in 1972
-- sqft lot
$380,300 Zestimate®
$51/sqft
$1,057 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 7,500 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco, Wood, Brick
Lot
- Size: 10,454 sqft
Details
- Parcel number: 6814619
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Four
Materials
- Roof: Asphalt
Condition
- Year built: 1972
Community & neighborhood
Location
- Region: Akron
Other
Other facts
- Driveway: Paved
- Water Sewer: Public Sewer, Public Water
- Appliances Equipment: Smoke Detector
- Available Financing: Conventional
- Property Subtype: Four
- Last Change Type: Contingent
- Contingent Type: Inspections
- State: Ohio
- Association: Northern Ohio Regional MLS
- Sq Ft Above Source: Realist
- Geocode Source: Google
Services availability
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Estimated market value
$380,300